by Leila Mortaz | Jan 25, 2011 | Home Buyer Tips, Home Seller Tips, REOs, Short Sales
As if the Wall Street cowboys had not done enough damage to this economy, I was so shocked to find out that the SAME banks are now selling the SAME house twice!! Yes, it’s true. Even our trusted Escrow Officer that they are seeing banks selling the SAME house...
by Leila Mortaz | Oct 25, 2010 | REOs, San Jose Short Sales, Short Sale Expert Advice, Short Sales
I was flying back from Atlanta this Friday with Delta Airlines when I got my latest shock and joy of commercial air travel!! The nasty flight attendant grabbed my computer bag and instructed me forcefully that I am NOT allowed to put more than 1 bag above my seat! I...
by Leila Mortaz | Oct 18, 2010 | REOs, Short Sale Expert Advice
During a loan modification negotiations for a client we were shocked to discover that the employees of Collection Dept at the Tampa based Quantum Servicing were paid commissions to collect as much money as possible. Well, this might sound like good company policy; ...
by Leila Mortaz | Sep 30, 2010 | Home Buyer Tips, Home Seller Tips, REOs, Short Sale Expert Advice, Short Sales
I recently saw a Trulia question from a buyer who was wondering why the price of a Los Gatos property was listed so low. There was typical answers about the locations, proximity to train tracks, school district….etc. But no one had considered the unlisted...
by Leila Mortaz | Oct 5, 2009 | Home Buyer Tips, Home Seller Tips, REOs
We have marketed bank-owned (REO) properties for the past 8 years and you would think by now most Realtors who have written at least a dozen or so offers to be able to distinguish a Pre-Qual from Pre-Approval?! Well, we are not that lucky. So at the expense of public...
